Royal Mail’s parcels revenue has overtaken letters for the first time and now represents 60% of its entire turnover, according to the postal group. Turnover rose in the first half of its financial year to 27 September by almost 10% to £5.7bn. However, even the 31% increase in parcels volume did not prevent a 90% drop in its pre-tax profits to £17m. It said that during the period it had seen “a staggering reduction” in the amount of letters it […]
Yodel has unveiled plans to open 13 additional sites in the run-up to Christmas as part of its winter delivery plans.
TNT Post has found its postal delivery practices being called into question after BBC London News reported on a member of the public finding piles of confidential post dumped in a bush last month.
The road freight sector put in a steady end of year performance in 2017, with sales, employment and wages up while the company failure rate fell.